Feng Hsin Steel Co has a quick ratio of 2.30. It generally indicates good short-term financial strength.
The historical rank and industry rank for Feng Hsin Steel Co's Quick Ratio or its related term are showing as below:
TPE:2015'
s Quick Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.44 Max: 2.31
Current: 2.3
During the past 13 years, Feng Hsin Steel Co's highest Quick Ratio was 2.31. The lowest was 0.74. And the median was 1.44.
TPE:2015's Quick Ratio is ranked better than 77.8% of 635
companies
in the Steel industry
Industry Median: 1.02
vs TPE:2015: 2.30
Feng Hsin Steel Co (TPE:2015) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Feng Hsin Steel Co Quick Ratio Related Terms
Feng Hsin Steel Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Feng Hsin Steel Co's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Steel subindustry, Feng Hsin Steel Co's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Feng Hsin Steel Co Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Feng Hsin Steel Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Feng Hsin Steel Co's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Feng Hsin Steel Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Feng Hsin Steel Co (TPE:2015) has a Quick Ratio of 2.30 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Feng Hsin Steel Co and its competitors. This is 60% above median its historical median of 1.44. Over the past decade, Feng Hsin Steel Co's Quick Ratio has ranged from 0.74 to 2.31. According to the industry distribution chart, Feng Hsin Steel Co ranks #141 out of 635 companies in the Steel industry, placing it in the top 22.2%.
Is Feng Hsin Steel Co's Quick Ratio too high?
Feng Hsin Steel Co's current Quick Ratio of 2.30 is 60% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.31. The Steel industry median Quick Ratio is 1.02. Feng Hsin Steel Co's value of 2.30 is 125.5% above this industry median. Based on the distribution chart, Feng Hsin Steel Co ranks #141 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Feng Hsin Steel Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Feng Hsin Steel Co's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Feng Hsin Steel Co ranks #141 out of 635 companies for Quick Ratio. This places Feng Hsin Steel Co in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Feng Hsin Steel Co's value of 2.30 is 125.5% above this benchmark. Historically, Feng Hsin Steel Co's own Quick Ratio has ranged from 0.74 to 2.31 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.02, Feng Hsin Steel Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 635 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Feng Hsin Steel Co's current Quick Ratio of 2.30 is 125.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Feng Hsin Steel Co and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feng Hsin Steel Co's current Quick Ratio is 2.30, which is 60% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Hsin Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Feng Hsin Steel Co (TPE:2015) is currently considered Fairly Valued. The stock's GF Value™ is NT$56.70, compared to a current price of NT$61.70 — trading 8.8% above its estimated fair value. The current Quick Ratio is 2.30, which is 60% above median its 10-year median of 1.44 and 125.5% above the Steel industry median of 1.02. Feng Hsin Steel Co's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Feng Hsin Steel Co (TPE:2015), the current Quick Ratio is 2.30 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Feng Hsin Steel Co (TPE:2015) Overvalued in 2026?
Based on GuruFocus' analysis, Feng Hsin Steel Co stock appears to be overvalued.
The current stock price of NT$61.70 is trading 8.8% above its estimated GF Value™ of NT$56.70.
GuruFocus considers Feng Hsin Steel Co to be Fairly Valued.
Key valuation signals for TPE:2015:
Quick Ratio: 2.30 (60% above median its 10-year median of 1.44)
GF Value™: NT$56.70 vs. price of NT$61.70 (8.8% above fair value)
Industry Position: 125.5% above the Steel median (#141 of 635)
No single metric tells the full story. See the TPE:2015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Feng Hsin Steel Co Ltd manufacture and sell various types of steel products. The services provided by the Group mainly consist of transportation and insurance services for the various steel products sold. The company is engaged in the manufacturing, processing and trading of various angle iron, round iron, flat iron, flat bar, and others, along with the operation and investment of various incidental businesses. Its Steel Rolling Mill produces carbon steel and special steel. Geographically, the company generates maximum revenue from Taiwan.
79GF Score
Get the complete analysis for TPE:2015
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